NJ unemployment falls, but still lags the nation

From NJBIZ:

New Jersey adds 5,700 jobs in July; unemployment rate drops to 6.5 percent

New Jersey employment increased by 5,700 jobs in July, as unemployment fell to 6.5 percent, according to U.S. Bureau of Labor Statistics data.

July estimates found that private-sector employment grew by 8,500 jobs, while public-sector employment fell by 2,800 jobs. It was the fifth month in a row that private-sector employment grew, the BLS reported.

Overall, New Jersey employment measured 3.95 million jobs, the BLS found.

“Since March, private payrolls have grown at a rate nearly equal to the rapid pace seen in the early months of 2012 and 2013,” Charles Steindel, chief economist for the New Jersey Department of the Treasury, said in a prepared statement. “These gains show that we are putting last winter into the rear view mirror. Meanwhile, the unemployment rate continues to fall and resident employment continues to increase.”

New Jersey has gained 149,400 jobs since February 2010, “which was the recessionary low point for private sector employment jobs in New Jersey,” according to the BLS.

However, New Jersey Public Policy President Gordon MacInnes pointed out that there was a caveat to the gains.

“While New Jersey’s unemployment rate has been declining and the state has been seeing modest job increases for the past few months, that does not mean all is well with the state’s economy,” he said in a statement. “New Jersey has now recovered just 47 percent of the jobs it lost in the recession, less than half than the nation as a whole, which has recovered 108 percent.”

This entry was posted in Demographics, Economics, Employment, New Jersey Real Estate. Bookmark the permalink.

109 Responses to NJ unemployment falls, but still lags the nation

  1. anon (the good one) says:

    not surprisingly, treating people like people worked last night in Ferguson. perhaps a lesson for Israel treatment of Palestinians?

  2. The Original NJ ExPat says:

    ^^^^ worst frist ever.

  3. grim says:

    Whole new level of trolling with that one. I admit I was tempted to delete that, and I usually don’t delete.

  4. All Hype says:

    grim:

    Anan’s comment above is just par for the course. His comment yesterday was truly offensive:

    “yes, amazing how entrenched racism remains. cops in ferguson, and teatards around here, must be sorry can’t lynch a few more people to teach them a lesson.”

    Personally, I would have banned him for that comment.

  5. Michael says:

    Just saw a report on cnn that said the pentagon was giving the military equipment to police departments free of charge. In 2013, they gave 450,000,000 in military equipment to police departments. Any one busting my balls and calling me an idiot, please look in the mirror. Maybe, just maybe, you were the one eating lead paint chips when you were young.

  6. Michael says:

    5- and what is the problem with the militarization of our police force? Do we not need protection from ourselves? God forbid you are in a city and a riot breaks out, who will save you if the police are outfitted like a bunch of pussies?

    Plus, our military has nothing else to do with this equipment. Why not give it to our police departments? What the hell is the big deal?

  7. Michael says:

    Lol knew it….no innocent kid. Lmao…media f’ed up this one up good.

    Darren Wilson is the officer….now let the angry mob attack this guy

  8. Comrade Nom Deplume, a.k.a. Captain Justice says:

    [3] grim,

    Oh, it isn’t so bad. anon has said (or retweeted) much worse on many other occasions.

  9. Comrade Nom Deplume, a.k.a. Captain Justice says:

    Moose, I wish I had this one back in the day.

    http://teespring.com/keepcalmlawclerk

  10. anon (the good one) says:

    Hype, why don’t you start you own blog to get a chance to ban people.
    Otherwise banning people will only be a dream for you

    All Hype says:
    August 15, 2014 at 9:28 am
    grim:

    Personally, I would have banned him for that comment.

  11. joyce says:

    How do you not understand that you agreed with Ben while telling him he was wrong? That is the entirety of this back n forth.

    Michael says:
    August 15, 2014 at 9:34 am
    Just saw a report on cnn that said the pentagon was giving the military equipment to police departments free of charge. In 2013, they gave 450,000,000 in military equipment to police departments. Any one busting my balls and calling me an idiot, please look in the mirror. Maybe, just maybe, you were the one eating lead paint chips when you were young.

  12. anon (the good one) says:

    Grim, read it. I argue in favor of treating people well!
    We can’t continue killing each other

    grim says:
    August 15, 2014 at 9:11 am
    Whole new level of trolling with that one. I admit I was tempted to delete that, and I usually don’t delete.

  13. joyce says:

    Seriously?

    Michael says:
    August 15, 2014 at 9:39 am
    5- and what is the problem with the militarization of our police force? Do we not need protection from ourselves? God forbid you are in a city and a riot breaks out, who will save you if the police are outfitted like a bunch of pussies?

    Plus, our military has nothing else to do with this equipment. Why not give it to our police departments? What the hell is the big deal?

  14. Michael says:

    Damn, the media might have screwed this story up worst than the trayvon Martin case. Knew it!!! Said to wait for the facts before you start reaching for ratings with unbelievable stories of an innocent harmless college bound 18 year old shot for no reason except being African American. Story made no sense, how could people believe that crap.

  15. Michael says:

    Are you still eating lead paint chips? We did not say the same thing. He said 9/11 and that has nothing to do with what I’m talking about.

    joyce says:
    August 15, 2014 at 10:05 am
    How do you not understand that you agreed with Ben while telling him he was wrong? That is the entirety of this back n forth.

    Michael says:
    August 15, 2014 at 9:34 am
    Just saw a report on cnn that said the pentagon was giving the military equipment to police departments free of charge. In 2013, they gave 450,000,000 in military equipment to police departments. Any one busting my balls and calling me an idiot, please look in the mirror. Maybe, just maybe, you were the one eating lead paint chips when you were young.

  16. Michael says:

    Please don’t call 911 if a riot ever breaks out.

    joyce says:
    August 15, 2014 at 10:05 am
    Seriously?

    Michael says:
    August 15, 2014 at 9:39 am
    5- and what is the problem with the militarization of our police force? Do we not need protection from ourselves? God forbid you are in a city and a riot breaks out, who will save you if the police are outfitted like a bunch of pussies?

    Plus, our military has nothing else to do with this equipment. Why not give it to our police departments? What the hell is the big deal?

  17. Comrade Nom Deplume, a.k.a. Captain Justice says:

    [5] michael

    Christ, this isn’t news. I’ve been talking about this for awhile and the program is decades old.

  18. joyce says:

    Passion Fruit,
    He said it came from the Feds, and it ramped WAAAAAAY up after 9/11. You said ‘are you sure about that, i think it came from the Feds’

  19. anon (the good one) says:

    @WesleyLowery: Not handed out: a use of force report, any police report written by Officer Wilson, any narrative of shooting

  20. Michael says:

    I know. I was just trying to point out yesterday that I don’t agree with what Ben said. It has nothing to do with 9/11 funds and police having to spend it, or lose it.

    You have to understand that I get called an idiot on a regular basis by people that think they know it all, and it’s clear they do not know it all.

    Comrade Nom Deplume, a.k.a. Captain Justice says:
    August 15, 2014 at 10:11 am
    [5] michael

    Christ, this isn’t news. I’ve been talking about this for awhile and the program is decades old.

  21. All Hype says:

    “Hype, why don’t you start you own blog to get a chance to ban people.
    Otherwise banning people will only be a dream for you”

    I do not dream about banning people from internet boards. But I will say that people like you have a diseased mind thinking regular folks who post on this board would love to take the life of minorities just for the pleasure of it. If you ever actually knew the long term effects of violence against innocent victims then you would not be so quick to make such comments. You are an immature, arrogant, and hateful, to say the least. You hate and intolerance of anyone who does not agree with your thoughts or those you tell you what to think is a clear warning sign of Narcissistic Personality Disorder. Go see a shrink.

  22. Michael says:

    Anon, come on, you really think an innocent kid gets shot by a cop in broad daylight? This is no cover up. The media played you for some ratings. It’s great that the media is responsible for dividing our country once again on a false initial report of some innocent kid getting shot and killed. The media wanted this to be about race. Apparently, it’s about a teenager walking into a store and doing whatever he wants. Strong arm robbery. The writing is on the wall, this is no innocent teenager.

    anon (the good one) says:
    August 15, 2014 at 10:18 am
    @WesleyLowery: Not handed out: a use of force report, any police report written by Officer Wilson, any narrative of shooting

  23. joyce says:

    ST. LOUIS COUNTY, Mo. — An 18-year-old shot and killed near a Ferguson apartment complex Saturday afternoon had no criminal record, according to the St. Louis County Prosecuting Attorney’s office.

    St. Louis County Prosecutor’s office confirmed that Brown had no prior misdemeanors or felonies against him.

    http://www.usatoday.com/story/news/nation/2014/08/14/michael-brown-no-record/14041457/

  24. anon (the good one) says:

    Hype, I don’t know what’s your problem, but you need to settle down.

    I’m banning you all from now on until you apologize!

  25. Michael says:

    Give it up, you are wrong. Maybe, it’s you that needs help with your reading comprehension skills.

    joyce says:
    August 15, 2014 at 10:18 am
    Passion Fruit,
    He said it came from the Feds, and it ramped WAAAAAAY up after 9/11. You said ‘are you sure about that, i think it came from the Feds’

  26. joyce says:

    Passion Fruit,
    What if the police are nowhere to be found during a riot?

    “Although the day began relatively quietly, by mid-morning on the second day violence appeared widespread and unchecked as heavy looting and fires were witnessed across Los Angeles County. Korean-Americans, seeing the police force’s abandonment of Koreatown, organized armed security teams composed of store owners, who defended their livelihoods from assault by the mobs. Open gun battles were televised, as in one well publicized incident where Korean shopkeepers armed with M1 carbines, pump action shotguns and handguns exchanged gunfire with, broke up and forced a retreat of a group of armed looters.[35]”
    – LA (Rodney King) Riots 1992

  27. Michael says:

    Save me the bs. Just because you don’t have a criminal record doesn’t mean you aren’t capable of being a criminal. Just means that you never got charged.

    joyce says:
    August 15, 2014 at 10:31 am
    ST. LOUIS COUNTY, Mo. — An 18-year-old shot and killed near a Ferguson apartment complex Saturday afternoon had no criminal record, according to the St. Louis County Prosecuting Attorney’s office.

    St. Louis County Prosecutor’s office confirmed that Brown had no prior misdemeanors or felonies against him.

    http://www.usatoday.com/story/news/nation/2014/08/14/michael-brown-no-record/14041457/

  28. joyce says:

    Who are you describing… the cops?

    Michael says:
    August 15, 2014 at 10:35 am
    Save me the bs. Just because you don’t have a criminal record doesn’t mean you aren’t capable of being a criminal. Just means that you never got charged.

  29. Michael says:

    27- in the ghetto, they hardly charge kids under 18 with crimes to keep the #s down. You know how many cases of assault happen on a daily basis in a place like Paterson or passaic? Do you think these people actually get arrested for that? Why do you think he punched a store clerk in the face for some cigars. That’s a normal thing to him.

  30. Comrade Nom Deplume, a.k.a. Captain Justice says:

    [26] joyce,

    “Open gun battles were televised, as in one well publicized incident where Korean shopkeepers armed with M1 carbines, pump action shotguns and handguns exchanged gunfire with, broke up and forced a retreat of a group of armed looters.”

    I remember well that video footage.

  31. Toxic Crayons says:

    Koreatown Gun battle circa 1992 in LA county.

    http://www.liveleak.com/view?i=3be_1237333767

    A notable absence of police…..

  32. Michael says:

    This is before they militarized the police force. Now do you realize why they need to militarize a police force? What you have gone into this la riot as an officer with a hand gun as your only protection? I know I would not have, esp when they all want to kill me.

    Toxic Crayons says:
    August 15, 2014 at 10:46 am
    Koreatown Gun battle circa 1992 in LA county.

    http://www.liveleak.com/view?i=3be_1237333767

    A notable absence of police…..

  33. Michael says:

    Did you see what they did to that white truck driver in the la riot? The police couldn’t protect him, because they didn’t have the means to. I, for one, do not want to ever be in a position like that truck driver. Getting his butt severely beaten, just because he is white. Who is racist in that situation?

  34. Toxic Crayons says:

    SWAT was established in LA county in 1967. They were not in koreatown in 1992.

    I’m sure New Orleans had a “militarized” SWAT in 2006 after Katrina as well. Still, people defended themselves and their property with privately owned firearms.

    Michael says:
    August 15, 2014 at 10:49 am
    This is before they militarized the police force. Now do you realize why they need to militarize a police force? What you have gone into this la riot as an officer with a hand gun as your only protection? I know I would not have, esp when they all want to kill me.

  35. joyce says:

    So, Passion Fruit,
    I guess the militarization occured from exactly 1993-2000. Good job pin pointing it.

    I have some question about the cigar robbery. Why wasn’t that released a few days ago? And did they find the stolen goods on them?

  36. joyce says:

    You’re right about NOLA. Until the following:

    ” Controversy arose over a September 8 city-wide order by New Orleans Police Superintendent Eddie Compass to local police, U.S. Army National Guard soldiers, and Deputy U.S. Marshals to confiscate all civilian-held firearms. “No one will be able to be armed,” Compass said. “Guns will be taken. Only law enforcement will be allowed to have guns.” Seizures were carried out without warrant, and in some cases with excessive force; one instance captured on film involved 58 year old New Orleans resident Patricia Konie. Konie stayed behind, in her well provisioned home, and had an old revolver for protection. A group of police entered the house, and when she refused to surrender her revolver, she was tackled and it was removed by force. Konie’s shoulder was fractured, and she was taken into police custody for failing to surrender her firearm.[85][86]”

    Toxic Crayons says:
    August 15, 2014 at 10:51 am
    SWAT was established in LA county in 1967. They were not in koreatown in 1992.

    I’m sure New Orleans had a “militarized” SWAT in 2006 after Katrina as well. Still, people defended themselves and their property with privately owned firearms.

  37. Michael says:

    The program I’m talking about started out I think in the 90’s. It was only a million dollars worth of military equipment initially, and has now ballooned to 450,000,000 in 2013.

    So you expected the tiny swat team to be able to hold down the second largest city in the u.s. in the midst of a riot? They are going to be able to lock down every block? You people want it all. You don’t want a large police force. You don’t want them to be militarized. You don’t wAnt them to use force. But you want them to protect every block in a city that is rioting. How?

    Toxic Crayons says:
    August 15, 2014 at 10:51 am
    SWAT was established in LA county in 1967. They were not in koreatown in 1992.

    I’m sure New Orleans had a “militarized” SWAT in 2006 after Katrina as well. Still, people defended themselves and their property with privately owned firearms.

    Michael says:
    August 15, 2014 at 10:49 am
    This is before they militarized the police force. Now do you realize why they need to militarize a police force? What you have gone into this la riot as an officer with a hand gun as your only protection? I know I would not have, esp when they all want to kill me.

  38. joyce says:

    Toxic,
    I think my post is in moderation. But if you just search for it, you’ll find it. And what I’m referring to is that the police and all others depts in NOLA after Katria thought time was best spend disarming the populace they protecting them.

  39. joyce says:

    spent* disarming the populace rathen than* protecting them.

  40. Michael says:

    Let me guess, police cover up right? They somehow made a video of this kid grabbing the clerk by the neck and punching him in the face. They made up the 911 call by the clerk too. Open your eyes. Been saying this for days on this board, the kid is not innocent. He didn’t get killed because he was an innocent African American walking in the street that ran into a racist cop. Sorry to ruin your dream.

    joyce says:
    August 15, 2014 at 10:52 am
    So, Passion Fruit,
    I guess the militarization occured from exactly 1993-2000. Good job pin pointing it.

    I have some question about the cigar robbery. Why wasn’t that released a few days ago? And did they find the stolen goods on them?

  41. joyce says:

    The statement concluded with “people defending themselves” and you interpret that and respond with “you people want it all [from the police]”. The exact opposite. I swear to god your demented.

    Michael says:
    August 15, 2014 at 11:01 am
    The program I’m talking about started out I think in the 90′s. It was only a million dollars worth of military equipment initially, and has now ballooned to 450,000,000 in 2013.

    So you expected the tiny swat team to be able to hold down the second largest city in the u.s. in the midst of a riot? They are going to be able to lock down every block? You people want it all. You don’t want a large police force. You don’t want them to be militarized. You don’t wAnt them to use force. But you want them to protect every block in a city that is rioting. How?

    Toxic Crayons says:
    August 15, 2014 at 10:51 am
    SWAT was established in LA county in 1967. They were not in koreatown in 1992.

    I’m sure New Orleans had a “militarized” SWAT in 2006 after Katrina as well. Still, people defended themselves and their property with privately owned firearms.

  42. Michael says:

    Would love to see your opinion if you went through Katrina or the la riots. Those people are animals. They were robbing the citizens who didn’t have guns. So wouldn’t disarming citizens go hand in hand with protecting them. You really never came across a true thug. I have many times. They are irrational creatures who use violence to prey on the weak. I have no pity for them. They are animals. They make the lives of poor people a living hell. They consistently exploit the weak in their neighborhoods on a regular basis. They form gangs and exploit their neighborhood. They accumulate lots of money, but continue to live the thug life till they go to jail. They love that life, and I hate it. It brings constant misery to the ghettos.

    joyce says:
    August 15, 2014 at 11:03 am
    Toxic,
    I think my post is in moderation. But if you just search for it, you’ll find it. And what I’m referring to is that the police and all others depts in NOLA after Katria thought time was best spend disarming the populace they protecting them.

  43. joyce says:

    I have not mentioned race in any of my statements. That would be you in almost all of yours. I’m simply asking if a reported robbery was the reason for the stop and not j-walking. Why didn’t the police report that immediately?

  44. joyce says:

    “So wouldn’t disarming citizens go hand in hand with protecting them.”

    On that note, I’ll see ya tomorrow.

  45. Michael says:

    42- I was responding to this, which was in response to my statement. Please read carefully.

    Toxic Crayons says:
    August 15, 2014 at 10:51 am
    SWAT was established in LA county in 1967. They were not in koreatown in 1992.

  46. Michael says:

    I said thug. What the hell does that have to do with race?

    Stop trying to jump to conclusions and make this about race. What are you a liberal, bringing in the race card because I’m destroying your argument?

    joyce says:
    August 15, 2014 at 11:15 am
    I have not mentioned race in any of my statements. That would be you in almost all of yours. I’m simply asking if a reported robbery was the reason for the stop and not j-walking. Why didn’t the police report that immediately?

  47. Toxic Crayons says:

    This lady is probably reporting from the safest place in south central LA.

    https://www.youtube.com/watch?v=uRc_FlmW2Jc

  48. grim says:

    Odd – you can be against the militarization of police whilst simultaneously condemning the criminal behavior of rioters, these are not mutually exclusive concepts.

    Idiot criminals are still idiot criminals, and sociopathic police are still sociopathic police.

  49. Toxic Crayons says:

    My point is this. In the case of the police, there is a line they can cross when a show of force incites more violence. Most of these riots we’re talking about today have to do with a distrust of police after a questionable incident by an officer or officers. The police cannot regain the people’s trust if they are staring down the barrel of their guns and face to face with their MRAPs.

    Besides, I suspect they had much of the equipment you describe in 2006 after Katrina but many police just abandoned their posts. I can’t blame them, I’d want to protect my own family first too if social order broke down.

    Furthermore, a police force should be from the neighborhood they police, and be standing along with it’s citizens against criminal behavior. They should not be rivals. Rioters are obviously not without blame, but police can do a lot to diffuse or aggravate a situation like that.

    Michael says:
    August 15, 2014 at 11:01 am
    The program I’m talking about started out I think in the 90′s. It was only a million dollars worth of military equipment initially, and has now ballooned to 450,000,000 in 2013.

    So you expected the tiny swat team to be able to hold down the second largest city in the u.s. in the midst of a riot? They are going to be able to lock down every block? You people want it all. You don’t want a large police force. You don’t want them to be militarized. You don’t wAnt them to use force. But you want them to protect every block in a city that is rioting. How?

  50. joyce says:

    Michael says:
    August 15, 2014 at 10:07 am
    “before you start reaching for ratings with unbelievable stories of an innocent harmless college bound 18 year old shot for no reason except being African American.”

    Michael says:
    August 15, 2014 at 10:28 am
    “The media wanted this to be about race.”

    Michael says:
    August 15, 2014 at 10:51 am
    “Getting his butt severely beaten, just because he is white. Who is racist in that situation?”

    Michael says:
    August 15, 2014 at 11:06 am
    “He didn’t get killed because he was an innocent African American walking in the street that ran into a racist cop.”

    Michael says:
    August 15, 2014 at 11:21 am
    “What the hell does that have to do with race? Stop trying to jump to conclusions and make this about race. What are you a liberal, bringing in the race card because I’m destroying your argument?”

    Passion Fruit = 5 times (not counting yesterday)

  51. Michael says:

    I give up. I’m the only one seeing it this way, so I guess I’m wrong. Be careful what you people ask for.

  52. joyce says:

    If you can’t remember what you said (which is still there for you to see) from 15 minutes ago, yeah you have problems.

  53. Michael says:

    I shouldn’t even respond because it’s clear you are an idiot. You are crazy. I was pointing out that the damn shooting wasn’t about race in the posts below. That the media was wrong and now you are accusing me about making it about race. F u.

    joyce says:
    August 15, 2014 at 11:32 am
    Michael says:
    August 15, 2014 at 10:07 am
    “before you start reaching for ratings with unbelievable stories of an innocent harmless college bound 18 year old shot for no reason except being African American.”

    Michael says:
    August 15, 2014 at 10:28 am
    “The media wanted this to be about race.”

    Michael says:
    August 15, 2014 at 10:51 am
    “Getting his butt severely beaten, just because he is white. Who is racist in that situation?”

    Michael says:
    August 15, 2014 at 11:06 am
    “He didn’t get killed because he was an innocent African American walking in the street that ran into a racist cop.”

    Michael says:
    August 15, 2014 at 11:21 am
    “What the hell does that have to do with race? Stop trying to jump to conclusions and make this about race. What are you a liberal, bringing in the race card because I’m destroying your argument?”

    Passion Fruit = 5 times (not counting yesterday)

  54. Libturd in Union says:

    Personally, I thought my Ferguson solution was much more creative (and peaceful) than their police department’s solution.

    The bottom line is that Brown did not deserve the death sentence for his actions, but it’s really not that hard to stay alive if you want to. Buy your blunts. Don’t steal them.

  55. jj says:

    Dang 10 year treasuries and mortgage rates getting really low. Lowest since May 2013

  56. Libturd in Union says:

    Feh JJ.

    I locked when they were almost a whole point lower.

  57. jj says:

    Libturd

    This is my best lock in, many years ago at Par. Just got my interest payment today tax free.

    NEW YORK N Y G.O. SERIAL BDS SER. 1990 07.75000% 08/15/2025 I

  58. Ben says:

    I know. I was just trying to point out yesterday that I don’t agree with what Ben said. It has nothing to do with 9/11 funds and police having to spend it, or lose it.

    Yeah, it has nothing to do with it. The cop I asked directly just made it up out of the blue.

  59. Randy says:

    What’s the 30 and 15 fixed rates at today? I have a 4.125 on a 30 year currently. I’m ready to refi if i can lop at least .375. Should i start the process soon so i can lock on a climactic dump lower in yields?

  60. Michael says:

    Asking for a lot here. Wish it could work like that.

    Talking crime infested neighborhood. So you want an individual from this neighborhood to manage crime? One, if he isn’t a criminal and lives in this neighborhood, it more than likely means he will be weak, and get bullied by the thugs. Would you feel safe living in the same neighborhood as the thugs you go to war with every day at work? Raise a family in these conditions?

    On the other hand, are you going to make the thug the crime manager? That might end well. It’s not as easy as people think.

    There are some terrible cops out there, but the majority should not be attacked for the wrongs of a few. They do the same thing with teachers. You never ever hear stories about the good ones, you only hear the stories of the bad teachers that are in the extreme minority. So after only hearing negative stories, you start to assume ALL are bad.

    “Furthermore, a police force should be from the neighborhood they police, and be standing along with it’s citizens against criminal behavior. They should not be rivals. Rioters are obviously not without blame, but police can do a lot to diffuse or aggravate a situation like that.”

  61. daddyo says:

    I think I like the commentary more around here when we focus on JJ stories and overpriced crapshacks in northern NJ.

    All this other stuff is so serious…

  62. Michael says:

    Joyce, you suck.

    You are misinterpreting what I’m saying thanks to Joyce thinking she is smarter than she really is. Has to confuse herself, along with everyone else. I was talking about about the militarization of police forces, meaning humvees, drones, and mraps. I’m talking real military equipment. This program has nothing do with 9/11.

    Ben says:
    August 15, 2014 at 12:08 pm
    I know. I was just trying to point out yesterday that I don’t agree with what Ben said. It has nothing to do with 9/11 funds and police having to spend it, or lose it.

    Yeah, it has nothing to do with it. The cop I asked directly just made it up out of the blue.

  63. grim says:

    60 – Low 4s, you’d probably be quoted the same rate as you have. On the 15 probably around 3 and a quarter.

    I’ve heard rumors that the jumbos had been inverted lately, with better rates than conventional 30y fixed, go figure.

  64. Juice Box says:

    re: “my Ferguson solution”

    Send them all free tickets.

    http://www.youtube.com/watch?v=ZVU89VYALTc

  65. Toxic Crayons says:

    https://www.youtube.com/watch?v=-ziLjOPCQwg

    Michael says:
    August 15, 2014 at 12:20 pm
    Joyce, you suck.

    You are misinterpreting what I’m saying thanks to Joyce thinking she is smarter than she really is. Has to confuse herself, along with everyone else. I was talking about about the militarization of police forces, meaning humvees, drones, and mraps. I’m talking real military equipment. This program has nothing do with 9/11.

  66. Toxic Crayons says:

    Matt Pearce
    ‏@mattdpearce
    A tale of two police responses in Ferguson, in two photos from NYT and AP: pic.twitter.com/6777p6le33

  67. Michael says:

    Thanks. Look at the 4 minute mark, Joyce. That’s what I’m talking about. A program started two decades ago. Not 9/11.

    Toxic Crayons says:
    August 15, 2014 at 12:33 pm
    https://www.youtube.com/watch?v=-ziLjOPCQwg

    Michael says:
    August 15, 2014 at 12:20 pm
    Joyce, you suck.

    You are misinterpreting what I’m saying thanks to Joyce thinking she is smarter than she really is. Has to confuse herself, along with everyone else. I was talking about about the militarization of police forces, meaning humvees, drones, and mraps. I’m talking real military equipment. This program has nothing do with 9/11.

  68. Toxic Crayons says:

    Please also note that the swat team leader spoken to by the reporter says the bulk of they money they receive is through grants from the department of Homeland Security. The department of Homeland security was formed in the aftermath of the 9/11 attacks to fight terrorism domestically. They have received a staggering $791 billion dollars since that time as of march of 2013.

    Unless I’m mistaken, you made the point that “militarization” was because of a small program used by the government to re purpose equipment brought back from foreign wars…..in order to disprove the statement that the bulk of the “militarization” was because of post 9/11 monies from the federal government. Both are to blame, and I would add that militarization of police is also a reaction to the drug war. None of it, however, was ever designed to protect Michael from rioters who might come from Patterson to loot and riot in his neighborhood.

    Michael says:
    August 15, 2014 at 12:44 pm
    Thanks. Look at the 4 minute mark, Joyce. That’s what I’m talking about. A program started two decades ago. Not 9/11.

  69. Libturd in Union says:

    About the 911 security funds. The brand new state of the art firehouse (you’ve passed it on Bloomfield Ave as it’s the largest one I’ve ever seen) obviously needed a gym. I forgot the exact amount they spent on it, (I swear it might have been a million, but don’t see how) but you could have given all of the fireman lifetime memberships at any gym for 1/10 the cost. This is why our taxes are so high. No different than Obama’s porkulous. When it’s someone elses money, who cares?

  70. Toxic Crayons says:

    There are rumors flying around twitter that the cop that shot Brown in Ferguson was also African American.

  71. jj says:

    A Brown Guy named Brown was shot by a Brown guy dressed in Blue.

  72. Bystander says:

    I have noticed a huge pullback in purchase activity in Fairfield CT since spring. I was told that market is fine even though sales have basically flatlined since 2013. Well the BS can finally be shoved back in their face. Oh it was the weather..no, it is lack of inventory..no, it is the millenials who will be buying soon. Hurry now..

    Enjoy another winter bagholders!

    July 2013 unit sales – 133
    July 2014 unit sales- 77
    Decilne -42%

  73. clotluva says:

    76 Bystander

    Am I in the right blog? I thought this space was dedicated to discussing civil liberties and uprisings?

  74. clotluva says:

    Plus, discussing negative housing data is *so* 2011…

  75. Libturd in Union says:

    What’s a mortgage?

  76. grim says:

    Interesting, so the “victim” robbed a store and assaulted the clerk. We don’t know what happened during the confrontation that resulted in the shooting (yet) – but are we to believe that Brown was innocent? Didn’t attempt to assault the police? Innocent bystander brutally shot down by the racist police? Just saw the video, Brown clearly had no hesitation when he pushed the clerk into a rack of merchandise, when the shop owner attempted to confront Brown again, he clearly moved towards him in an aggressive manner, as if to intimidate him into backing down, before nonchalantly walking out of the store.

    Goon and a thug, did I miss the part where Brown was already characterized as a kind gentleman, intelligent, good to the neighborhood kids, planning to go to college and start a family?

  77. Michael says:

    Little program? What are you talking about? 450,000,000 in 2013 alone is a little program? You only believe what you want to believe. Go back to the 4 minute mark and see what they say again. Billions has been donated through this program in the past two decades. They even give it a nick name….pentagon pipeline.

    “Unless I’m mistaken, you made the point that “militarization” was because of a small program used by the government to re purpose equipment brought back from foreign wars…..in order to disprove the statement that the bulk of the “militarization” was because of post 9/11 monies from the federal government. Both are to blame, and I would add that militarization of police is also a reaction to the drug war. None of it, however, was ever designed to protect Michael from rioters who might come from Patterson to loot and riot in his neighborhood.”

  78. Bystander says:

    clotluva,

    This blog is much easier to read when you skip over anon’s daily imflammatories and Michael’s flip flopping drivel. I long ago gave up on changing anyones mind on politics and religion. After years of reading this blog, I’ve noticed that two people are generally consistent and correct:

    JJ – play the game and play it well. F*ck, drink, party..
    Clot – this country is f-ed and doom ahead.

  79. anon (the good one) says:

    @newsneighbor: Why was #Ferguson PD still looking for the suspect 7 hours after Michael Brown had been killed? http://t.co/xmMMBBN5nT

  80. Michael says:

    Exactly. That’s why I have been ranting on here the past few days. Knew the media screwed this up from day 1 for increased ratings. You expect me to believe a cop shot an innocent boy for walking in the street in broad daylight? Yes, that certainly is believable. Shows you how stupid and gullible the avg person is.

    grim says:
    August 15, 2014 at 2:49 pm
    Interesting, so the “victim” robbed a store and assaulted the clerk. We don’t know what happened during the confrontation that resulted in the shooting (yet) – but are we to believe that Brown was innocent? Didn’t attempt to assault the police? Innocent bystander brutally shot down by the racist police? Just saw the video, Brown clearly had no hesitation when he pushed the clerk into a rack of merchandise, when the shop owner attempted to confront Brown again, he clearly moved towards him in an aggressive manner, as if to intimidate him into backing down, before nonchalantly walking out of the store.

    Goon and a thug, did I miss the part where Brown was already characterized as a kind gentleman, intelligent, good to the neighborhood kids, planning to go to college and start a family?

  81. painhrtz - whatever says:

    Grim, innocent or not, unarmed and receipt of excessive violence from the state.

    Mortgage!

  82. anon (the good one) says:

    @ryangrim: So the police chief says the video he released was “unrelated” to the police contact with Brown. “It had nothing to do with the stop.”

  83. Fast Eddie says:

    Bystander,

    I was going to ask where you were earlier. I’ve been consumed with work. Not such a bad thing, I suppose. I can’t figure out the housing market here. I don’t even know anymore. To analyze it is futile. I need one house to be shown to me that falls in that price range and tells me this is the one I’m looking for. People say here I’m never gonna buy but they really need to see for themselves and they would understand.

  84. Toxic Crayons says:

    Pain, The police officer should be subject to the most cruel form of punishment I can think of. A 30 year ARM. Mortgage him!

  85. grim says:

    Absolutely unrelated, except the video establishes a propensity towards violence and nearly complete lawlessness.

    He wasn’t stealing diapers and formula for his child, he stole a $50 box of cigars, and did so in an incredibly egregious manner, as if this wasn’t the first time, and wouldn’t be the last.

  86. Bystander says:

    Hey Fast,

    It has been a strange week. I pulled out of house recently bc oil furnace is basically toast and found out that it would take six plus weeks for gas co. to install line. Process would not start until I took ownership. I would be sitting in home until Dec. with no heat. Another place, I was about to lowball but sellers pulled it. No way they were getting their price. It took 3 mos. for them to realize. Amazing how many homes without reductions for months, just sitting and thinking a sucker is around the corner. Probably look to offer low balls this weekend.

  87. Fast Eddie says:

    Bystander,

    The thing is, I would love to toss a few lowballs but I’m really having a tough time finding 5 out of 10 on the checklist. The wretched sh1t is priced just way too high. And the nicer stuff has a 700K plus price tag. Buying a nice home in a “iffy” town isn’t going to work and buying a piece of sh1t I’m not happy with isn’t going to work either.

    Let’s face it, we all know when you walk in a house and it feels right, then that’s the one. In the past 18 months plus, I think there were 2 houses that qualify. The one house where I wasn’t aggressive enough is in Washington Twp. and Grim knows which one I’m talking about. That’s the only one I have any regret over in not making a bolder move.

  88. Comrade Nom Deplume, a.k.a. Captain Justice says:

    The Beer that Made Newark Famous is coming back . . .

    http://money.cnn.com/2014/08/14/news/ballantine-pabst/index.html?hpt=hp_t2

    Friggin hipsters.

    FWIW, I had a ‘gansett the other night and it wasn’t half bad.

  89. grim says:

    91 – Yeah it was nice, but it needed work too, just not in the places that you easily notice. And that yard, it’d cost you a small fortune to maintain that landscaping.

    Was a nice house though.

  90. clotluva says:

    Check out the price history on this. At least they are finally showing an understanding of how pricing and markets work.

    I wonder what the current tenants paid for it.

    http://www.zillow.com/homedetails/115-Woodland-Rd-Madison-NJ-07940/39439724_zpid/

    08/11/14 Price change $799,000 -10.1%
    07/18/14 Listed for sale $889,000 -1.1%
    06/14/14 Listing removed $899,000
    05/22/14 Price change $899,000 -0.1%
    05/21/14 Price change $899,999 +0.1%
    05/17/14 Listed for sale $899,000 +5.9%
    02/23/14 Listing removed $849,000
    02/06/14 Price change $849,000 -5.6%
    12/13/13 Price change $899,000 -2.8%
    12/05/13 Price change $925,000 -2.5%
    10/27/13 Price change $949,000 -2.1%
    10/04/13 Listed for sale $969,000

  91. Fast Eddie says:

    Grim,

    The one on Hampshire. It needed work but I should’ve taken a better shot. It had some Pottery Barn potential.

  92. grim says:

    94 – $410,000 in 1993, the only mortgage records were the original from the time of the purchase, $288,000.

  93. clotluva says:

    96 Grim

    Thanks. Current price isn’t all that bad, esp for a 5 BR.

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  95. passionturd (20)-

    I don’t know it all. I do, however, know how to spot an idiot. And, you are one.

    “You have to understand that I get called an idiot on a regular basis by people that think they know it all, and it’s clear they do not know it all.”

  96. gary (87)-

    The housing market is irretrievably broken (a deeper symptom of the dysfunction of the imminently-collapsing financialization system), and the only functioning shreds of the housing market are rigged.

    That is all. Prepare for the extinction event.

  97. I met an owner of a real estate company a couple of nights ago on a trip to upstate NY. I sat and listened to him talk for about five minutes, and then I got the overwhelming urge to smash a beer mug over his head.

    I paid my check and walked out.

  98. I cannot believe I owned a RE company for 12 years.

  99. plume, I got you beat on the cheap beer thingy. Busted a couple of Genny Creams upstate this week.

  100. Martin Armstrong puts the perfect coda on this insane week. Bet TPTB are keeping a cot cold for him at Ft. Dix…

    “We are witnessing the collapse of democracy or to put it in the proper perspective – the right of the people to vote even in a republic.”

    http://armstrongeconomics.com/2014/08/15/attitude-is-everything/

  101. Comrade Nom Deplume, a.k.a. Captain Justice says:

    [103] clot

    Why?

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